Showing 1 - 10 of 158
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10013075869
“Fixing” in the foreign exchange market is a market practice that determines the bid-ask-mid-point exchange rate at a scheduled time, 10am in Tokyo and 4pm in London. The fixing exchange rate is then applied to the settlement of foreign exchange transactions between banks and retail...
Persistent link: https://www.econbiz.de/10012979362
Interventions by the Federal Reserve during the financial crisis of 2007-2009 were generally viewed as unprecedented and in violation of the rules—notably Bagehot's rule—that a central bank should follow to avoid the time-inconsistency problem and moral hazard. Reviewing the evidence for...
Persistent link: https://www.econbiz.de/10013031481
This study compares labor and total factor productivity (TFP) in France, Japan, the United Kingdom and the United States in the very long (since 1890) and medium (since 1980) runs. During the past century, the United States has overtaken the United Kingdom and become the leading world economy....
Persistent link: https://www.econbiz.de/10013149831
institutions than in the American case. In this comparison Britain is the odd-man-out, with well-publicized industrial strife …
Persistent link: https://www.econbiz.de/10013239186
We compare the findings of central bank researchers and academic economists regarding the macroeconomic effects of quantitative easing (QE). We find that central bank papers find QE to be more effective than academic papers do. Central bank papers report larger effects of QE on output and...
Persistent link: https://www.econbiz.de/10013403575
We compare sources of funds and investment activities of venture capital (VC) funds in Germany, Israel, Japan and the … particularly important in Germany, corporations in Israel, insurance companies in Japan, and pension funds in the UK. VC investment … countries; for example, bank backed VC funds in Germany and Japan are as involved in early stage finance as other funds in these …
Persistent link: https://www.econbiz.de/10012752733
Persistent link: https://www.econbiz.de/10001330175
Persistent link: https://www.econbiz.de/10001332255
Persistent link: https://www.econbiz.de/10001338478